In the Weekly Chart of PEL , we can see that, It has create a Hammer Candle on support. Also, it is about to form Inverted Head & Shoulder. Enter on breaking of Pinbar Candle's High with low as SL.
In the Weekly Chart of PIIND , we can see that, it has created a Halt/Decision Hammer on Trendline. Enter on breaking Candle's High with low as SL. Possible momentums are shown in chart.
In the Weekly Chart of ASAHIINDIA , we can see that; it has made a Pinbar on Support. Enter on breaking its high with low as SL. Expected momentum is shown in chart.
In the Weekly Chart of TTKPRESTIG , we can see that, it has taken an up move from support. Expected momentum is shown in chart.
Chart analysis reveals a promising rounding bottom formation, hinting at a potential breakout on the horizon.
AARTIIND | Trend reversal - Looks potential for 40-50% Keep SL below : 535 -> Falling wedge breakout -> New higher low -> 200 EMA support -> Previous swing high as support now
As we can see despite the attempt to break the trend line, it failed and remained negative throughout the day as analysed in our previous post but we can now see that NIFTY has tested both its sides i.e SUPPORT and acting RESISTANCE which makes the trend line weak hence any closing above the given trend line could be a good BUY else we can see another sideways to...
Stock was trading in a sideways range & then broke out. Now some retracement happening, which provides an opportunity to go Long. Planning to time the Trade as per the Daily RBR Demand Zone.
NSE: VTL is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed...
PROZONER | Channel breakout ahead for doubling - its almost consolidating for the last 3 years CMP : 39 SL : 30 Target : 75 1:4+ risk reward setup
Nifty is still holding on to the crucial support of 21500. There is volatility in the market and chances are it will remain in the area until is trades outside 21500-21800 range. Tomorrow is weekly expiry of the index and if the volatility remains the same avoid trading. Major support :- 21500, 21420, 21300 The last hour recovery is creating confusion whether...
NSE: PNCINFRA is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 11% to 17%...
As we can see NIFTY has tested this level multiple times now making it weaker hence if NIFTY opens flat and breaches this level, we may see another strong sell off in NIFTY but if NIFTY opens weak, we may see another strong recovery in the market taking support at given levels so plan your trade accordingly
Patanjali has smashed through resistance levels and is on a bullish upward trajectory.
🌅 Suryoday Small Finance Bank Ltd has just broken resistance levels, showcasing resilience and determination.
FinNifty has closed 220 point lower before the expiry and it can remain in the bearish mood as the daily close just. It has been respecting a support line and is around the daily 20 ema. Major support levels :- 21230, 21175, 21000-50 Resistance :- 21380, 21450 RSI on the daily charts is showing a bearish divergence and there are chance of a trend expiry...
Banknifty has given fall in the second half and fell almost 700 points from the day high. Now the market has confirmed a bearish trend as it has been forming a lower low lower high formation. It is taking support from 200 hourly ema and closed 200 points lower. Tomorrow is weekly expiry and anything below 47150 will drag banknifty to test 46920 levels. Major...
Weekly candle is a doji and has closed near the previous candle close. Nifty is in a bull run. There will be some movement around the ATH of the market. It has closed just 20 points lower on the weekly charts. 61.8% fib levels is still around the daily close. The market has been consolidating and can continue to consolidate. Major upside resistance...